Dow, S&P 500, Nasdaq Futures Rise Amid Trump Ceasefire Signals In Iran War: Why NFLX, PBM, WSHP, AMC Are On Watch Tonight

• Trump confirmed a 10-day Israel-Lebanon ceasefire and after saying earlier this week that the Iran war is “very close to over.”
• Markets also reacted to cooler-than-expected producer and import price data and lower-than-forecast jobless claims.
• West Texas Intermediate crude traded near $93 per barrel late Thursday, down more than 3% for the week, while Brent settled above $99. 

U.S. stock futures traded higher late Thursday after the S&P 500 and Nasdaq closed at fresh record highs earlier in the session, with investors weighing Middle East ceasefire developments alongside improving signs of inflation.

As of 9 p.m. ET, Nasdaq 100 and S&P 500 futures were up 0.1%, while Dow futures were up 0.2%.

On Stocktwits, retail sentiment toward the SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), and the SPDR Dow Jones Industrial Average ETF Trust (DIA) was ‘bullish’ amid ‘normal’ message volume.

US Market Drivers

On Thursday, U.S. President Donald Trump confirmed that Israel and Lebanon agreed to a 10-day ceasefire following meetings in Washington. The temporary truce is scheduled to begin at 5 p.m. ET on Thursday.

Earlier this week, Trump also said the Iran war is “very close to over” and that Tehran wants to “make a deal very badly.” He added on Thursday that the next round of in-person negotiations could occur next weekend. Optimism around a possible resolution to the conflict helped equities erase losses tied to the war this week. 

Sentiment was also lifted by cooler-than-expected producer and import price data, along with initial jobless claims for the week ending April 11 that came in below forecasts.

Meanwhile, West Texas Intermediate crude traded near $93 per barrel late Thursday, down more than 3% for the week, while Brent hovered above $99. The conflict, which began in February, disrupted traffic through the Strait of Hormuz and affected one-fifth of global oil flows.

Despite improving sentiment this week, some Gulf Arab and European leaders said a full U.S.-Iran peace agreement could take about six months to finalize even if the current ceasefire holds, according to a Bloomberg report.

The S&P 500 and Nasdaq Composite both closed at fresh intraday and record closing highs on Thursday, with the Nasdaq extending its winning streak to 12 consecutive sessions, its longest since 2009. All three indexes are on track for weekly gains.

Warren Pies, founder of 3Fourteen Research, noted on X that the latest all-time high occurred with only 2.4% of S&P 500 stocks making a 52-week high, the lowest participation among 792 such instances since 1998. 

Trending Stocks To Watch On NYSE, Nasdaq

Netflix (NFLX): The stock fell 9% in extended trading after the company issued second-quarter earnings per share (EPS) guidance below Wall Street expectations and said chairman and co-founder Reed Hastings will step down from the board when his term expires in June.

Psyence Biomedical (PBM): The stock surged to its best session ever on Thursday and gained another 28% in after-hours trading on reports that the White House is preparing an executive order to support further federal research into the psychedelic compound ibogaine.

Avis Budget Group (CAR): The stock climbed to its highest level since November 2021 on Thursday amid elevated short interest and large institutional positions including $4.55 billion held by SRS Investment Management and $2.07 billion by Pentwater Capital, which helped drive a squeeze-supported rally.

WeShop Holdings (WSHP): The stock posted its best session in five months ahead of quarterly results expected later this month after the company amid momentum from its recent partnership with CAA Executive Search to build out its U.S. leadership team as part of its expansion strategy.

AMC Entertainment Holdings (AMC): The stock is in focus after CEO Adam Aron reiterated support for Paramount Skydance’s acquisition of Warner Bros. Discovery, citing commitments to increase film output to at least 30 releases annually and restore 45-day theatrical exclusivity windows that could benefit cinema operators.

How Global Markets Are Performing Today

In broader markets, the yield on the benchmark 10-year U.S. Treasury note was around 4.28%, while gold traded near $4,793 an ounce after heading toward a fourth weekly gain.

Asian markets on Friday, with MSCI’s broadest index of Asia-Pacific shares outside Japan rising more than 1% alongside stronger openings in Japan and Australia.

Among the catalysts for Friday’s session are remarks from Federal Reserve officials Mary Daly, Tom Barkin, and Christopher Waller.

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